Monday, March 21, 2016

ASTRO TECHNICAL GUIDE FOR NIFTY for 22 March 2016

for Tues day, 22.03.2016 ::
VOLATILE MOVEMENTS 

Astro Info:: Tithi :: Phalguna Sukla   Chaturdasi & Poornima

Nakshatra ::  Pubba  4 th  Pada    (Moon in Leo  )

Persons   born in  Mrigasira, Chitta and Dhanishta constellations and Virgo and Capricorn  Zodiac signs are advised to be alert in their dealings.

Sensitive / Trend change Timings : 9.35am , 10.55am. 3.12pm
 
Likely Intraday Trend...

On the basis of planetary position and aspects amongst planets,Market is expected to open steady  and remain volatile with bearish bias in general particularly during the last Hour.

Astro Technical Trading Strategy

After 2 pm,  if Nifty futures trades below the Average Traded Price (ATP),  short positions can be taken with a Stop Loss of about 20 points  from the entry level and such positions can be closed by end of the day.

Open level is important for intraday trading and generally, intraday
short positions are suggested  below   Day’s open level only and vice
versa.

Stop loss is a must for intraday trading.

Technical Levels...
Resistance around 7765, 7825 and Support  around  7645, 7585.

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